https://www.taxtmi.com/caselaws?id=13606 The High Court allowed the Revenue's appeal against the Income-tax Appellate Tribunal's dismissal based on a monetary limit set by the Central Board of Direct Taxes. The Court held that appeals should not be dismissed solely due to monetary limits if the issue concerns the Circular itself. Relying on precedent, the Court set aside the Tribunal's orders and remanded the matters for fresh consideration, allowing the assessees to present relevant points. The resolution favored the Revenue, disposing of the appeals without costs. en-us Mon, 20 Nov 2006 00:00:00 +0530 Sat, 30 May 2009 15:57:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13606 The High Court allowed the Revenue's appeal against the Income-tax Appellate Tribunal's dismissal based on a monetary limit set by the Central Board of Direct Taxes. The Court held that appeals should not be dismissed solely due to monetary limits if the issue concerns the Circular itself. Relying on precedent, the Court set aside the Tribunal's orders and remanded the matters for fresh consideration, allowing the assessees to present relevant points. The resolution favored the Revenue, disposing of the appeals without costs. Case-Laws Income Tax Mon, 20 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13606